Report on Procedure of Human Resource Management in Company
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Added on 2020-06-03
Report on Procedure of Human Resource Management in Company
Added on 2020-06-03
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HUMAN RESOURCEMANAGEMENT
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3P1. Purpose and functions of HRM applicable to workforce planning and resourcing.........3P2 Strengths and weaknesses of different approaches to recruitment and selection procedureto be adopted by HR manager................................................................................................5TASK 2............................................................................................................................................6P3 Benefits of HRM practices for both employee as well as employer.................................6P4 Effectiveness of HRM practices on raising of organisational profits and productivity....8TASK 3..........................................................................................................................................10P5 Impact of employee relations in respect to influencing HRM decision making process10P6 Key elements of employment legislation and its impact on HRM practices..................11TASK 4..........................................................................................................................................13P7 Job specification for nursing job and five interview questions.......................................13CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15
INTRODUCTIONHuman is an important resource to be considered in an organisation with a view ofperforming several venture related activities in order to achieve desired goals and objectives.Thus, effective managerial activities are essential to plan in context of human resourcesappointed in a firm. Human resource managers are appointed to manage HR department as wellas its functioning which clearly defines the resource quality of a venture. The present reportfocuses on several planning steps and procedures to be taken into consideration with reference tohuman resource management in a company. The report focuses on HR department activities tobe undertaken in HSBC Bank (Hong Kong and Shanghai Bank Corporation) situated in London,which performs multi banking as well as financial services for the society. In the presentscenario, a new HR manager has been appointed to plan human resource and their tasks to beperformed, earlier, which was considered as a less important activity to be taken intoconsideration. TASK 1P1. Purpose and functions of HRM applicable to workforce planning and resourcingHuman resource manager appointed at HSBC Bank is required to perform severalfunctions in the context of managing personnel recruited as well as selected to carry outoperational activities in venture. The basic function of HR manager can be recognised asplanning a workforce requirement to perform tasks in cited bank and accordingly, organisehuman resources for the requirement (Cascio, 2018). Major purpose of human resourcemanagement and the functions to be performed by HR manager to undertake those purposes areexplained in detail as follows: Staffing: The major role to be performed by a human resource manager in anyorganisation is to recruit as well as select staff required in order to plan day to dayoperational activities in that firm. The appointed manager at HSBC Bank is requiredto recruit efficient candidates for a firm and accordingly, select those personnel whoare competent to provide effective services to customers and thus, enhancingbusiness (Brewster and Hegewisch, 2017). The appointed HR manager is responsiblenot only for selection of employees, but, he is designated with a core responsibility of
managing the activities to be performed by selected persons and ensure retentionamong employees. Employee relations: HR manager appointed at cited bank is also responsible tomanage employee and employer relations in the firm. In general terms, HR manageracts as an intermediary between top executives or managers of bank and lower levelemployees performing operational activities related to concerned bank. In order tomaintain healthy relations with employees and thus, ensuring employee retention, theconcerned HR manager has to undertake several activities or tasks which furtherstrengthens relations at every level of management in an organisation.Employee benefits management: In order to maintain as well as retain employees inan entity, a provision of several types of benefits is made for employees which attractthem as well as ensure their retention. HR manager recruited at HSBC bank isresponsible to handle all the relevant documents related to benefits that have beenprovided by employers. Various types of benefits that are being provided toemployees by their employers include health insurance, provident fund schemes,retirement plans, worker's compensation requirements, etc. The appointed HRmanager is responsible to undertake administration as well as managerial activitiesrelated to benefits that have been provided to employees. Performance management: The human resource manager that has been appointed inmentioned venture is required to manage as well as monitor performance ofemployees working in bank. In order to manage employee’s performance, HRmanager is required to plan the activities to be performed by individuals employed indifferent departments and accordingly, motivate them to work efficiently byproviding appreciation either in monetary or non-monetary terms (Bratton and Gold,2017). The biggest motivation to be taken into consideration for employees is theirpromotion from one post to another which is based on their ability as well as skills toperform the tasks that have been assigned to them. These are the functions that are needed to be performed by appointed HR manager thathave been appointed at cited bank. He is responsible to determine a workforce requirement atmentioned organisation and accordingly, organise as well as select human resources for job to beperformed in the bank.
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